Best Buy (BBY) SVP Mathew Watson sells 1,784 shares

Rhea-AI Filing Summary

Best Buy Co., Inc. senior vice president, controller and chief accounting officer Mathew Watson reported an open-market sale of 1,784 shares of common stock on May 29, 2026 at $73.80 per share. After this transaction, he directly holds 21,630 shares of Best Buy common stock.

A footnote explains that some shares are periodically acquired through a dividend reinvestment plan that is exempt from separate Section 16(b)-3(c) reporting.

Insider Trade Summary

Net Seller: 1,784 shares ($131,659)

Net Sell 1 txn

Insider Watson Mathew

Role SVP, Controller & CAO

Sold 1,784 shs ($132K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,784	$73.80	$132K

Holdings After Transaction: Common Stock — 21,630 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 1,784 shares Sale price: $73.80 per share Shares held after transaction: 21,630 shares

3 metrics

Shares sold 1,784 shares Open-market sale on May 29, 2026

Sale price $73.80 per share Price for Best Buy common stock in the reported trade

Shares held after transaction 21,630 shares Direct ownership by Mathew Watson following the sale

Key Terms

open-market sale, dividend reinvestment plan, Section 16b-3(c)

3 terms

open-market sale financial

"reported an open-market sale of 1,784 shares of common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

dividend reinvestment plan financial

"periodic acquisition of shares under a dividend reinvestment plan exempt"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

Section 16b-3(c) regulatory

"exempt from reporting under Section 16b-3(c)"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Watson Mathew

(Last) (First) (Middle)

7601 PENN AVENUE S.

(Street)

RICHFIELD MINNESOTA 55423

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BEST BUY CO INC [ BBY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Controller & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/29/2026		S		1,784	D	$73.8	21,630(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).

	/s/ Jodie H. Crist, Attorney-in-fact	06/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Best Buy (BBY) report for Mathew Watson?

Best Buy reported that Mathew Watson executed an open-market sale of 1,784 shares of common stock. The transaction occurred on May 29, 2026 at a price of $73.80 per share, as disclosed in his Form 4 filing.

At what price did Mathew Watson sell Best Buy (BBY) shares?

Mathew Watson sold 1,784 Best Buy common shares at $73.80 per share. This price reflects the average transaction price reported in the Form 4, classifying the trade as an open-market sale under the SEC’s reporting framework.

How many Best Buy (BBY) shares does Mathew Watson hold after the sale?

After the reported sale, Mathew Watson directly holds 21,630 shares of Best Buy common stock. This post-transaction balance is disclosed in the Form 4 and shows his remaining direct equity position following the May 29, 2026 trade.

What role does Mathew Watson hold at Best Buy (BBY)?

Mathew Watson serves as senior vice president, controller and chief accounting officer at Best Buy. This officer role makes him a Section 16 reporting person, requiring public disclosure of his transactions in Best Buy’s equity securities on Form 4.

Does the Best Buy (BBY) Form 4 mention a dividend reinvestment plan?

Yes. A footnote explains that the share count reflects periodic acquisitions under a dividend reinvestment plan. These acquisitions are exempt from separate Section 16(b)-3(c) reporting, but the resulting holdings are included in the totals shown.